
Pipe Manufacturer Expands to TexAmericas Center in Texarkana
New Hampshire-based Maverick Pipe is opening up a distribution and manufacturing plant at the TexAmericas Center in Texarkana. Maverick Pipe will initially invest $20 million toward its expansion and hire 40 employees in the Texarkana region.
The company recently purchased TexAmericas Center’s 150,000 square foot speculative building. Initial investment will be used to develop distribution and logistical infrastructure in the first phase of the project. Over the next 18 months, the company will begin phase two: building out its manufacturing plant.
Maverick Pipe will initially hire up to 40 manufacturers, logisticians, and supervisors within the next six months. Further expansion phases will require more workers, and leaders at the company anticipate adding up to 40 more employees.
Maverick Pipe say they chose Texas to expand because of its favorable location in terms of logistics. The company specializes in production of conduits, fittings, tubing, and accessories.- ◦Sale/Acquisition
- ◦Development